Treasury yields inch off recent lows at start of holiday-shortened week

Bond yields rose early Monday, but benchmark Treasury yields remained more than 50 basis points below the 16-year highs above 5% they touched last month.

What’s happening

What’s driving markets

Treasury yields are nudging off recent lows as traders wait to see if a holiday-shortened week will alter the predominant narrative: that recent cool jobs and inflation data makes it certain the Federal Reserve has finished raising interest rates in this cycle.

With…